Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 MARSTON WAY is a midsized extended detached house of 101m², built sometime from 2007 onwards. It was last sold for £360,000 in August 2022, which was around 3% above the average August 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 3 MARSTON WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Most of the five 3 MARSTON WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2022 12 AUG | £360,000 | £350,711 | 3% above HPI |
2021 1 APR | £250,000 | £308,763 | 19% below HPI |
2010 19 MAR | £185,000 | £210,296 | 12% below HPI |
2002 26 JUL | £121,950 | £135,885 | 10% below HPI |
2000 9 JUN | £101,950 | £97,492 | 5% above HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The five 3 MARSTON WAY sales between June 2000 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
3 MARSTON WAY is 101m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Heather, based on EPC data. The below chart shows the distribution of detached houses by size in Heather, and where 3 MARSTON WAY lies on this distribution: 43% of detached houses are smaller than 3 MARSTON WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Heather.
3 MARSTON WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 MARSTON WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 MARSTON WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
3 MARSTON WAY is located in HEATHER, in the LE67 postcode district. The below map shows the position of No. 3 on MARSTON WAY.